‎EXCLUSIVE: Real Reasons Dollar is Crashing Against the Naira ‎ ‎The Naira has been gaining grounds against the Dollar in recent weeks, reflecting significant shift in the country’s foreign exchange market. ‎ ‎In the parallel market on Friday, the Naira appreciated by N20, trading at N1,540/$1 from N1,600/$1...

Naira Appreciates by 4.14% at Official Market Nigeria’s exchange rate appreciated significantly in January 2025, gaining N63.72 against the dollar to close at N1,474.78 per dollar on January 31 at the Nigerian Foreign Exchange Market. According to data from the FMDQ Securities Exchange Limited and the...

Naira Appreciates to N1,640 per Dollar in Parallel Market The Naira has appreciated to N1,640 per dollar in the parallel market from N1,655 per dollar on Monday. According to data published by the Central Bank of Nigeria (CBN) showed that the exchange rate for the Nigerian...

Naira Gains by 0.6% in Parallel Market The naira gained strength on Monday, appreciating to N1,650 per dollar in the parallel market, as the U.S. dollar experienced its most significant weekly loss. This marked a 0.6 percent gain, or N10, from the N1,660 per dollar recorded...

Naira Depreciates by N10 in Parallel Market The Naira yesterday depreciated to N1,670 per dollar in the parallel market from N1,660 per dollar on Tuesday. Similarly, the Naira depreciated to N1,550 per dollar in the official foreign exchange market. Data published by the Central Bank of...

Naira Depreciates by 0.36% The Nigerian naira weakened to N1,541.36/$ on the first day of trading in the New Year. According to the NFEM rate data available on the website of the Central Bank of Nigeria, this is a 0.36 per cent depreciation compared to the...